$LTC Short Liquidation Sparks Market Frenzy—What’s Next?
The crypto market was shaken when $10,257 worth of $LTC shorts were liquidated at $101.18.
This liquidation event highlights increasing volatility as traders battle for dominance.
Bulls have gained momentum, pushing LTC toward a key resistance zone at $105.
If this level is breached, it could signal the start of a strong upward rally, with the next target sitting at $110.
However, the bears are not out of the game yet.
Many are scrambling to adjust their strategies, setting tight stop-losses just below $100 to protect against further losses.
The $100 level now acts as a critical support; if broken, it might lead to a deeper correction toward $95.
Traders should keep a close eye on the $102-$103 zone, as this will likely determine the next major move.
A breakout above could lead to significant upside, while failure to hold might trigger another wave of selling. $LTC
The stage is set for an intense showdown—stay prepared and manage your risk carefully!